TSX Symbol:  WJX

TORONTO, November 11, 2024  Wajax Corporation ("Wajax" or the "Corporation") today announced that Stuart Auld, Chief Financial Officer, will present at the 24th Annual Scotiabank Transportation and Industrials Conference on Thursday, November 14, 2024, at 11:10 a.m. ET.  The conference will be held at Scotiabank Centre, 40 King Street West, Toronto.

A webcast of the presentation will be available in the "Investors" section of Wajax's website at www.wajax.com on the "Events and Presentations" page. A replay of the presentation will be available on the same page of the website following the event.

MONTREAL, Oct. 3, 2024 /CNW/ - TotalEnergies Marketing Canada Inc. is delighted to highlight its strategic partnership with Wajax, Canada's most experienced, diversified supplier of industrial products, equipment and services.

"We are proud to extend our partnership with Wajax in Canada."

Thanks to this long-term global partnership, professionals in the industrial, forestry, construction, mining, transport and other sectors will have access to the full range of TotalEnergies lubricants to meet the needs of their various applications. With 120 branches across the country, Wajax ensures nationwide coverage and product availability.

TSX Symbol:  WJX

Stronger Equipment Sales Contribute to Inventory Reduction as ERP System Implementation Reaches Major Milestone

TORONTO, August 8, 2024 /CNW/ - Wajax Corporation ("Wajax" or the "Corporation") today announced its 2024 second quarter results. All monetary amounts are in Canadian dollars unless otherwise noted.

Selected Highlights for the Second Quarter

Second quarter revenue of $568.3 million and adjusted basic earnings per share of $1.06, down from $586.2 million and $1.26, respectively, in the same quarter of the prior year;Second quarter gross profit margin of 20.9%, up from 19.9% in 2023, due to higher margins on engineered repair services ("ERS") sales, and a higher proportion of, and higher margins on, product support sales;Cash flows generated from operating activities of $35.8 million in the second quarter of 2024 compared with cash flows used in operating activities of $6.0 million in the same quarter of the prior year;Second quarter adjusted EBITDA margin of 9.6%, compared to 9.8% in 2023; andThe competitive new financing program introduced by Hitachi Construction Machinery Americas Inc. ("HCMA") effective March 1, 2024, as well as management's focus on reducing inventory levels, resulted in stronger equipment sales and lower inventory in the second quarter of 2024 as compared to the first quarter of 2024.(1)